Mixed trading for JSE USD market

Trading on Thursday ended with the volume of shares changing hands declining 41 percent with 208 percent higher value than on Wednesday, at the close of the Jamaica Stock Exchange US dollar market, resulting in an even number of stocks rising than falling.
Seven securities traded, compared to nine on Wednesday with three rising, three declining and one ending unchanged.
The JSE US Denominated Equities Index lost 1.15 points to end at 95.59.
The PE Ratio, a measure used in computing appropriate stock values, averages 14.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years, up to August 2022.
Overall, 32,516 shares traded, for US$25,678 compared to 55,392 units at US$8,332 on Wednesday.
Trading averaged 4,645 units at US$3,668, compared to 6,155 shares at US$926 on Wednesday and month to date an average of 105,233 shares at US$4,342 versus 114,377 units at US$4,403 on the previous day. January ended with an average of 91,572 units for US$7,142.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and none with a lower offer.
At the close, First Rock Capital USD share dropped 1.95 cents to 7 US cents with the swapping of 711 shares, Margaritaville advanced 1.4 cents to close at 19 US cents in switching ownership of one stock, Proven Investments popped 0.78 of a cent to 23 US cents in exchanging 40 units. Sterling Investments increased 0.33 of a cent to end at 2.35 US cents, with 262 stock units crossing the exchange, Sygnus Credit Investments USD share fell 0.04 of a cent in closing at 12.85 US cents with 400 stocks crossing the market and Transjamaican Highway ended unchanged at 0.89 US cents, with 5,600 shares changing hands.
In the preference segment, JMMB Group 6% shed 1 cent to close at US$1 in trading 25,502 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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